Create an estimated projected expenditures.
Create a list of all your estimated projected expenditures. This information can be found by researching the industry, the competitors, and cost of expenditures in the area of launch.
First Step - List of all needed assets (equipment, furniture, fixtures, supplies, software) and people needed to start and operate your business
· Second Step - List startup costs for inventory, marketing, sales, permits, needed market research, licenses, certificates, initial investment, legal fees, or professional charges
· Third Step - Compute your monthly (min. 6 months) fixed expanses such as rent, insurance, utilities, phone, lease, health insurance, loan payments, taxes, Internet, shipping and other services,
· Last Step - Estimate your salary, employees or hired contractors
Submission Format:
· Include a table with all projected monthly expenditures for at least 6 months
· Briefly explain your Start Up Costs items to include at least one source (One page minimum, excluding introduction, conclusion, and citations).